Karnataka Bank
MAGADI Branch • IFSC: KARB0000581
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Branch Specifications & IFSC Data
| Bank Name | Karnataka Bank |
| Branch Name | MAGADI |
| Complete Address | VASAVI TEMPLE STREET, RAMA MANDIR ROAD, MAGADI 562 120 |
| City / Locality | MAGADI |
| District | RAMANAGARAM |
| State | KARNATAKA |
| Contact Helpline | +91 99720 00000 |
| IFSC Code | KARB0000581 |
| MICR Code | 560052080 |
| NEFT Supported | Enabled (24x7) |
| RTGS Supported | Enabled (High Value) |
| IMPS Supported | Instant 24x7 |
| UPI Payments | Supported |
IFSC Code Breakdown for Karnataka Bank
The IFSC (Indian Financial System Code) for Karnataka Bank MAGADI branch is KARB0000581. This 11-digit alphanumeric code is regulated by the Reserve Bank of India (RBI) to uniquely route digital transactions to this specific branch.
First 4 characters represent Karnataka Bank.
5th character is always 0 (reserved for RBI).
Last 6 digits identify MAGADI branch.
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Frequently Asked Questions (Karnataka Bank MAGADI)
Q1.What is the IFSC code for Karnataka Bank MAGADI branch?
The IFSC code for Karnataka Bank MAGADI branch is KARB0000581. This code is assigned by RBI and is required for NEFT, RTGS, and IMPS electronic money transfers.
Q2.What is the address and contact number of Karnataka Bank MAGADI?
The complete address is: VASAVI TEMPLE STREET, RAMA MANDIR ROAD, MAGADI 562 120, MAGADI, KARNATAKA. You can reach the branch at +91 99720 00000.
Q3.What is the MICR code of Karnataka Bank MAGADI?
The MICR code for Karnataka Bank MAGADI is 560052080. It is printed at the bottom of cheques used for magnetic ink character recognition during clearing.
Q4.Does Karnataka Bank MAGADI support 24x7 IMPS and NEFT transfers?
Yes, electronic fund transfers including IMPS, NEFT, and RTGS with IFSC KARB0000581 are available 24x7 all year round as per Reserve Bank of India (RBI) guidelines.
Q5.How can I transfer money using IFSC code KARB0000581?
Log in to your mobile or net banking app, go to Add Beneficiary, enter the recipient name, account number, and IFSC code KARB0000581. Once validated, select IMPS, NEFT, or RTGS to execute the payment.
RBI Verification Disclaimer
Information displayed here is sourced from public Reserve Bank of India (RBI) records. While FinCrif rigorously updates branch details, IFSC, and MICR codes, please verify details with the recipient or branch before executing large-value RTGS/NEFT transfers.
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